Latest Industry News – Green Shoots of Recovery?

According to the latest statistics from our industry body, Recruitment and Employment Confederation (REC), overall business optimism has improved across the economy gradually, with various growth indicators throughout 2012.

Since the beginning of the year, unemployment levels have fallen, the temporary recruitment market has expanded and businesses have reported that their workforce strategies are positive.

An interesting statistic is shown in the ‘temp to perm index’ which measures the number of candidates who transfer from temporary to permanent employment, and is currently at it’s highest ever level. The REC have concluded that this shows employers are increasing their head counts cautiously and choosing a low risk option by using temporary workers. As well as the many benefits to the employer, it’s also good news for job seekers, as this demonstrates that temporary work really is a valid way into permanent employment.

The growth also looks set to continue into 2013, with 54% of employers expecting growth of some kind within the next 3 months and a predicted upturn in the industrial sector for both temporary and permanent recruitment.

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